GBPJPY is at KEY support, LOOKING for another bullish opportunit

Panjang

Paun British / Yen Jepun (CURRENCYCOM:GBPJPY)

CURRENCYCOM:GBPJPY Paun British / Yen Jepun

trendanalysis waveanalysis gbpjpy gbpjpylong

You can see here that GBPJPY is back along Key support. One of two things are going to happen and all we have to do is look left. Price right now is still in the sell zone (overall direction of trend) but we have a strong case to buy the market (we don't sell support and we don't buy resistance) based on past behavior. I am just going to sit here and be patient and wait for the market to move and then act. Let' keep trading simple.

Penafian

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